PtoP Lending : Smalva goes into Poland

http://www.wiseclerk.com/group-news/services/smava-expansion-p2p-lending-poland-interview/

Abstract

" *P2P-Blanking.com:* Mr. Artopé, why has Smava chosen Poland as target market for the international expansion?

*Smava:* For several reasons. Poland is a fast growing economy with approx. 40 million residents. In Poland the span between deposit rate and base rate is very high - approx. 15 percent. Therefore the smava marketplace will be very attractive for polish customers right from the beginning. And regulation in Poland does not require a bank for the p2p lending model. This keeps transaction costs very low.** "